FxWirePro: GBP/NZD gains some upside momentum but still bearish 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments 
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar 
FxWirePro- Major Pair levels and bias summary 
The EUR/JPY gained above 162 as the yen weakened. It hit an intraday high of 162.43 and is currently trading around 162.23. The intraday outlook is bullish as long as the support of 160.70 holds.
Technical Analysis:
The EUR/JPY pair is trading above the 34,55 EMA and 200-4H EMA in the 4-hour chart.
- Near-Term Resistance: Around 163.05 a breakout here could lead to targets at 164.20/165/166.65/167.
- Immediate Support: At 161.50– if breached, the pair could fall to 160.40/ 160.75/59.70/159.25/158.85.
Indicator Analysis 4-hour chart): - CCI (50): Bullish
- Average Directional Movement Index: Neutral
Overall, the indicators suggest a mixed trend
Trading Recommendation:
It is good to sell on rallies around 162.48-50 with stop loss at 163.20 for a TP of 160.
